The school store sold five pencils for eleven dollars. determine the cost per pencil
2 answers:
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Answer: x=17
Step by Step:
Step by Step:
Let the amount invested at 4% be = x
Let the amount invested at 3% be = y
Given is:
or
.... (1)
As, total income for the two investments is $194, so equation is:
....(2)
Putting value of x from (1) in (2)
And x=5200-y
Hence, money invested at 4% is $3800 and money invested at 3% is $1400